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Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

Metals & Mining Industrial Metals & Minerals
Western Magnesium Corporation is a producer of green primary magnesium metal. The Company is focused on plant operations and magnesium production. It uses a continuous silicothermic process to produce magnesium with low labor and energy costs while generating minimal waste and toxic by-products. The Company's technology eliminates inefficiencies and allows for a continuous, mass production of magnesium. Its magnesium is used for technological advancement opportunities for American industries including auto, airline, aerospace, and protecting national security interests with the department of defense.


TSXV:WMG.H - Post by User

Western Magnesium Corp
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Comment by regshareholderson Jan 31, 2017 11:04pm
106 Views
Post# 25781339

RE:RE:RE:We just hit our bew 52 week high!

RE:RE:RE:We just hit our bew 52 week high!6000 share traded. Yawn!!!

What you need to concern yourself is the business plan and risk mgmt. with the $83K cheque not arriving today. The business plan, strategic metal status, 2nd sourcing beyond China, EV/HEV/PHEV battery technology and Trump-onomics will drive the PPS. Case in point::

https://www.huffingtonpost.ca/2016/12/08/leonardo-dicaprio-donald-_n_13517424.html

They went to Trump with a business plan in a form of dog'n'pony chart package. Becuase, Trump asks the question "What's the plan?".No plan, you have chaos, confusion, waste of investor money ,...

So, "what is the business plan that will drive this company to sucess?" is the question you should be asking. If you've authored business plans in the past, you'll know exactly what to look for.

You want to make big money on this unique resource sitting in the same state as the Tesla factory, ask for a copy of the business plan i.e. lead customers, innovation, roll out, 43-1-1 , ..

I have zero confidence ScanMag will get the funds put together and LE is not going to dislose the technology for a half a$$ payment on Jan 31, 2017. He's way to smart for that ploy. Now comes risk mgmt.
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